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Summary of Cost-Benefit Data
| Developmental Costs |
| Salaries |
$75,000 |
| Training center hardware and software (this includes two training
rooms, each with 12 workstations, server, network software, cabling,
projection equipment, and necessary training and application software) |
$70,000 |
| Other |
$7,500 |
| Total |
$152,000 |
| Additional cost impact of system startup – add two additional
months of operational costs to cover these startup expenses |
To be determined after operational costs are calculated |
| Operational Costs: First Year of Operation |
| Administration (1/2 of records assistant salary in first
year; then will increase 10% per year) |
$13,000 |
| Technical support (will decrease 20% after first year, then remain
constant) |
$35,000 |
| Training salaries (will increase to $120,000 in second year, $160,000
in third year) |
$80,000 |
| Supplies (projected at $15 per student per course) |
Calculate based on class and student estimates below |
| Facilities (rent, cleaning, maintenance -- after first year, will
increase 10% per year) |
$50,000 |
| Depreciation of hardware and software (to be determined by accounting
technician) |
Disregard at this time – will be added later |
| Revenue Estimates |
| Assumptions: |
Classes per Month |
Students per Class |
Tuition per Student |
Projected Revenue |
Year 1 |
8 |
6 |
$350 |
$201,600 |
Year 2 |
10 |
8 |
$400 |
$384,000 |
Year 3 |
12 |
10 |
$425 |
$612,000 |
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